Springfield Properties PLC Director Shareholding & Issue of Equity
07 June 2024 - 8:37PM
RNS Regulatory News
RNS Number : 6499R
Springfield Properties PLC
07 June 2024
7 June 2024
Springfield Properties
plc
("Springfield" or
the "Company")
Director Shareholding & Issue of
Equity
Springfield Properties plc (AIM:
SPR), a leading housebuilder in Scotland
focused on delivering private and affordable housing, announces
that, on 5 June 2024, Innes Smith, Chief Executive Officer,
exercised options over 65,178 ordinary shares of 0.125 pence each
in the Company ("Ordinary
Shares") under the Company's Performance Share Plan
("PSP"). Admission of the
65,178 new Ordinary Shares has been satisfied via the block listing
for the Company's PSP.
On the same day, Mr Smith
subsequently sold 65,178 Ordinary Share at a price of 96.25 pence
per Ordinary Share. Following these transactions, Mr Smith
continues to hold 996,374 Ordinary Shares1 in the Company, representing 0.8% of the enlarged issued share
capital.
1 Includes the
holdings of Innes Smith's wife, Eilidh Smith, and his
children.
Enquiries
|
Springfield
Properties
|
|
|
Sandy Adam, Chairman
Innes Smith, Chief Executive Officer
Iain Logan, Chief Financial Officer
|
+44 1343 552550
|
|
|
|
|
Singer Capital
Markets
|
|
|
Shaun Dobson, James Moat, Oliver Platts
(Investment Banking)
|
+44 20 7496 3000
|
|
|
|
|
Gracechurch
Group
|
|
|
Harry Chathli, Claire Norbury, Henry
Gamble
|
+44 20 4582 3500
|
Analyst Research
Equity Development and Progressive
Equity produce freely available research on Springfield Properties
plc, including financial forecasts. This is available to view and
download here:
https://www.thespringfieldgroup.co.uk/news/updates-and-analyst-reports
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Innes Smith
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Executive Officer
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Springfield Properties Group
plc
|
|
b)
|
LEI
|
21380026UDE3LKFSDP68
|
|
4
|
Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
|
|
a)
|
Description of the financial
instrument, type of instrument
Identification code
|
Ordinary shares of 0.125 pence
each
GB00BF1QPG26
|
|
b)
|
Nature of the transaction
|
1. Exercise of
options pursuant to the Springfield Properties plc Performance
Share Plan
2. Disposal of
Ordinary Shares
|
|
c)
|
Price(s) and volume(s)
|
|
1.
|
Price(s)
|
Volume(s)
|
|
0.125p
|
65,178
|
|
2.
|
Price(s)
|
Volume(s)
|
|
96.25p
|
65,178
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A -
single transactions
|
|
e)
|
Date of the transaction
|
5 June 2024
|
|
f)
|
Place of the transaction
|
1. Off
market
2. London Stock
Exchange
|
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END
DSHUPUQWQUPCGUM
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